Assuming both surviving vendors, the four-nation Eurofighter consortium and France’s Dassault, had managed to match the budget of INR 42,000 crore in their own currency when they submitted their bids, today that amount would escalate to over INR 50,000 crore.
The commercial bids of the two surviving contenders in the Indian Air Force (IAF) tender for 126 Medium Multi Role Combat Aircraft (MMRCA) are ready to be opened, according to the defense ministry.
The spurned vendors and countries failing to receive invitations by the Indian Ministry of Defense to extend the validity of their commercial bids for the Indian Air Force (IAF) tender for 126 Medium Multi Role Combat Aircraft (MMRCA), which expired on Thursday, have issued cautious responses indicating that they do not consider the matter closed and that there is, still, much left to be discussed.
Significantly, the Swiss Air Force is now also looking for additional capabilities in the aircraft like an AESA radar and is planning to increase the order size from 22 to 36.
The Price Negotiating Committee for the Alternate Engine of the Tejas Light Combat Aircraft Mk-2 issued a statement on Thursday, saying that it had finalized the Comparative Statement of Tenders. “After evaluation and acceptance of the Technical offer provided by both Eurojet and GE Aviation, the commercial quotes were compared in detail and GE Aviation was declared as the lowest bidder,” said the statement.
The European arms firm MBDA has offered its services for stockpile management to the Indian armed forces, saying it can help achieve cost savings of up to 30 per cent, besides configuring life extensions of existing stock and improving safety.
The French Dassault fighter aircraft Rafale has been selected to be the Medium Multi Role Combat Aircraft (MMRCA) of the [...]
The French Dassault fighter aircraft Rafale has been selected to be the Medium Multi Role Combat Aircraft (MMRCA) of the [...]
The French Dassault fighter aircraft Rafale has been selected to be the Medium Multi Role Combat Aircraft (MMRCA) of the [...]
The complete list of gallantry awardees, this Republic Day.
The following is the list of army personnel who lost their lives in service, in the past year.
Some of the stories of the courage displayed by India’s armed forces, awarded for conspicuous gallantry this Republic Day.
